Peionews

Finance

Explore updates on stocks, bonds, cryptocurrencies, interest rates, wealth management, budgeting tips, and global financial trends. Get expert insights to make smarter financial decisions.

Naira to Dollar Exchange Rate in Nigeria – April 6, 2026 Market Update

By Elizabeth Ugbo The Central Bank of Nigeria (CBN) and foreign exchange traders in Nigeria recorded a stable Naira on…

Audit Profession, Trust, and the Problem of Perfection

By Elizabeth Ugbo Auditors today, across global financial markets, face intense criticism in the post-Enron era, where companies collapse, and…

Nigerian Banking Sector Hits 96% Recapitalisation Compliance Ahead of Deadline

By Elizabeth ugbo Nigeria’s banking industry, led by the Central Bank of Nigeria, achieved over 96% compliance with new capital…

CPPE Commends CBN as 32 Banks Meet Recapitalisation Requirements, Calls for Stronger Credit Access

By Elizabeth Ugbo The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN)…

Borrowing, Ports, and Policy: Why Nigeria’s Economic Debate Needs Facts, Not Outrage

By Elizabeth Ugbo The Nigerian government, alongside critics like Suyi Ayodele, is currently engaged in a heated debate over borrowing…

Court Reinstates Union Bank Board, Rules CBN Acted Outside Law

By Elizabeth Ugbo A Federal High Court in Lagos, presided over by Justice Chukwujekwu Aneke, has reinstated the board of…

Nigeria Records $6.44bn Capital Importation in Q4 2025 as Foreign Investment Rises

By Elizabeth Ugbo Nigeria recorded a total capital importation of $6.44bn in the fourth quarter of 2025, according to the…

Reps Move to Recover $7bn Airline Debt from FAAN

By Elizabeth Ugbo The House of Representatives, on Tuesday in Abuja, began moves to recover over $7bn allegedly owed to…

Nigeria’s IDA Loan Exposure Rises to $18.7bn in 2025

By Elizabeth Ugbo Nigeria’s debt to the International Development Association (IDA) rose to $18.7bn as of December 31, 2025, according…